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How to Buy Synthetix Network Token (SNX)

A Step-by-Step-Guide on how to buy Synthetix Network Token (SNX)

Step 1 – Join Coinbase – Get Free $10

You will first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting your welcome 10$.

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Synthetix Network Token (SNX) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Synthetix Network Token (SNX)

Once your deposit has been verified, you'll immediately have access to your assets and you can begin buying and trading. To purchase Synthetix Network Token (SNX) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to locate Synthetix Network Token (SNX), you'll need to insert the short name of the asset (SNX) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we have highlighted this also. Click on “SNX/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Synthetix Network Token (SNX)
Step 4 – Buy (SNX) Synthetix Network Token

As soon as you have found (SNX) Synthetix Network Token, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate (SNX) Synthetix Network Token was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of SNX you wish to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of SNX.

When you're happy, click on “Buy SNX”. Your order will be filled as soon as a Vender sells their SNX for the price you gave.

Step 5 – Withdraw Synthetix Network Token (SNX)

Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Synthetix Network Token (SNX), hover over the tab called “Funds” and click on “Withdraw”. Synthetix Network Token (SNX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Synthetix Network Token (SNX) by using the provided drop-down box. Put into the amount of Synthetix Network Token (SNX) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you are glad, click “Submit”. You may be asked for phone/email verification ahead of a take off.

Congratulations! You have successfully purchased and stored Synthetix Network Token (SNX).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Synthetix Network Token (SNX) is safe within your wallet, you're finished.